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03/10/2011 - 09:04

Sundance accepts higher Hanlong bid: source

03/10/2011 - 09:04

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Sundance Resources has accepted an improved takeover bid by China's Hanlong Mining, valuing the iron ore explorer at $1.65 billion, according to a people familiar with the deal. Hanlong's sweetened offer of 57 cents a share has been accepted by the Perth-based target, the sources said today.

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